fbpx

Industry News

April 27, 2018

Settlement Delay Notification during International Labour Day holidays 关于国际劳动节假期暂缓结算的通知

Dear FOMO Pay Merchants, Please note that banks in Mainland China will suspend settlement from April 29, 2018 to May 1, 2018 due to International Labour Day holidays.  All settlements will resume from the 2 of May. Thank you for your understanding. 
If you have any question, please do not hesitate to contact your FOMO Pay representative. Best regards, FOMO Pay Pte. Ltd. 尊敬的FOMO Pay合作伙伴与商户们: 
接到微信支付、支付宝等官方通知,由于受国际劳动节假期影响,中国大陆银行暂停结算业务,因此FOMO Pay将于2018年4月29日至2018年5月1日暂停清算,并于2018年5月2日起恢复正常的清算规则。 给您带来的不便敬请谅解,感谢您的理解与支持。 顺颂商祺 FOMO Pay Pte. Ltd.
April 20, 2018

Partnership between NETS and ComfortDelGro aims to increase QR code payments adoption amongst hawkers

Partnership between NETS and ComfortDelGro aims to increase QR code payments adoption amongst hawkers (Photo Credit: TODAY Online) In February this year, NETS announced a partnership with ComfortDelGro Taxi to increase the adoption of the NETS QR code payment solution across hawker centres in Singapore. The NETS QR code was launched last year as a standardised QR code, allowing customers to pay for their goods and services using their respective bank mobile apps, such as DBS PayLah! and OCBC’s Pay Anyone, and/or NETSPay instead of their cards. Through the ‘Hawker Champion’ programme, ComfortDelGro taxi drivers are responsible for sharing about […]
March 26, 2018

FOMO Pay’s CEO, Louis Liu, joins panel at Morgan Stanley’s Eighth Annual Hong Kong Investor Summit

FOMO Pay’s CEO, Louis Liu, joins panel at Morgan Stanley’s Eighth Annual Hong Kong Investor Summit FOMO Pay’s Co-Founder and CEO, Louis Liu, contributed to Morgan Stanley’s Eighth Annual Hong Kong Investor Summit as a member of the panel on the topic “Mobile Payment: How Fast Can We Grow in Asia?” FOMO Pay is the first payment aggregator providing access for Chinese payment methods in Southeast Asia. In addition, Louis has been involved in developing QR code technologies with the Monetary Authority of Singapore to create a standard QR code for all payment schemes, aligning wallet operators and making it […]
March 19, 2018
businesses-and-public-agencies-can-use-paynow-service-by-mid-2018

Singapore going towards cashless society with Paynow Corporate

Singapore going towards cashless society with Paynow Corporate Businesses in Singapore can receive payments from consumers and transfer funds to other businesses through PayNow Corporate, a service expected to launch around August this year. The service will be offered by 7 banks, which are already offering PayNow to their retail customers, namely Citibank, DBS Bank/POSB, HSBC, Maybank, OCBC Bank, Standard Chartered Bank and United Overseas Bank. Following the success of the peer-to-peer PayNow scheme, Singapore takes one more step in going cashless. To use PayNow Corporate, businesses need to first link their bank accounts to their Unique Entry Numbers (UENs). […]
February 23, 2018

Supermarkets embrace QR code payment modes in Singapore

Supermarkets embrace QR code payment modes In yet another major breakthrough for QR code payment systems, supermarkets in Singapore have begun to embrace NETS QR. This is great news for the average consumer because going down to your neighbourhood grocer to pick up groceries can now be done without having to bring any cash or credit cards. With this newest development, a cashless society is truly achievable. Not all supermarkets will onboard Nets QR code at the same time. The first supermarket chain that intends to roll it out in all its stores is Cold Storage, which has plans to […]
February 2, 2018
lady-m-joins-nations-efforts-towards-cashless-society

Lady M joins the nation’s efforts towards a cashless society

Lady M joins the nation’s efforts towards a cashless society   Apart from its delectable spread of confectionaries, Lady M also connotes stylish and contemporary elegance. Hailing from the streets of New York, Lady M has been serving up gastronomic delights since 2001. Upon arriving in Singapore, Lady M has opened cake boutiques currently located at Orchard Central and Westgate. Well-known for pioneering the much beloved Mille Crepe cakes, which features no less than twenty paper-thin handmade crepes layered with light pastry cream, Lady M will be accepting only cashless payment methods for all sale transactions at its South Beach […]